Fuels Heavy oils
Oil refiners from India using CNY to buy Russian crude
In June, Indian Oil was the first state refiner to pay for Russian crude in
Fuels Heavy oils
Greek fleet dominant in market share of Russian crude
The tanker fleet engaged in the Russian trade post-sanctions is predominantly Greek-operated and composed mostly
Fuels Heavy oils
Asia may absorb half of the Russian crude displaced by EU
Asia may be able to incrementally absorb only half the Russian crude volumes displaced as
Fuels Heavy oils
For India West Arctic Ocean becomes major source of crude
A new source of Russian crude has emerged for India – the West Arctic Ocean.
Fuels Heavy oils
Russia crude exports to India and other Asian nations increasing
A report by the Research on Energy and Clean Air, an independent think tank based
Policy
Indian oil not to accept Russian crude on free on board basis
Indian Oil Corporation (IOC) will no longer accept cargoes of Russian crude oil and Kazakh